Billionaire Warren Buffett Sold 41% of Berkshire's Stake in Bank of America and Has Piled Into a Cyclical Company Whose Shares Have Soared 42,400% Since Its IPO
- Posted on November 3, 2025
- By Yahoo News
- 4 Views
Billionaire Warren Buffett Sold 41% of Berkshire's Stake in Bank of America and Has Piled Into a Cyclical Company Whose Shares Have Soared 42,400% Since Its IPO
The Oracle of Omaha has jettisoned over 427 million shares of Bank of America since July 2024, but has built up Berkshire's position in a business with well-defined competitive edges for four consecutive quarters.
